AP Flashcards
Terms : Hide Images [1]
8158409092 | Human resources / labor force | Creation, production, provision of products and services | 0 | |
8158409093 | Young population | 0-14 | 1 | |
8158409094 | Working population | 15-64 | 2 | |
8158409095 | Old population | 65 above | 3 | |
8158409096 | Agriculture, industry and service | 3 sectors | 4 | |
8158409097 | Underemployment | Less than 8 hours of work (part time only). Their job does not match their skills and educational attainment. The salary is below or insufficient for their basic needs. | 5 | |
8158409098 | Philippine overseas employment administration | POEA | 6 | |
8158409099 | Department of labor and employment | DOLE | 7 | |
8158409100 | Department of trade and industry | DTI | 8 | |
8158409101 | International labor organization | ILO | 9 | |
8158409102 | Technical educational and skills development authority | TESDA | 10 | |
8158409103 | Job interview | Avoidance of unemployment and underemployment possibilities | 11 | |
8158409104 | Structural unemployment | Occurs when changes in demand in an economy leads to an increased need for particular skills and abilities from workers and causes other skills and abilities to become unneeded or obsolete. A mismatch between the jobs available and the skill levels of the unemployed. | 12 | |
8158409105 | Frictional unemployment | Occurs when a person chooses to leave their present job to find another job or is searching for a job for the first time or is searching for a job following a period of not being in the workforce. When workers leave their jobs to find better one. | 13 | |
8158409106 | Cyclical unemployment | Occurs when market demand for a certain goods or services decreases and results in decreased production until market demand increases. When workers lose their jobs because of downturns in the business cycle. | 14 | |
8158409107 | Seasonal unemployment | Occurs in relation of time and season. Others are just employed for a particular season or time or holidays | 15 |